ww 1925 ASSURANCES IN FORCE (net) Bl, 021,097,000 An Increase of $149,460,000 New Assurances Paid For ~ 193,477,000 An Increase of $56,011,000 Total Income ~~ - CE 69,147,000 An Increase of $6, 901 ,000 . Payments to Policyholders and Beneficiaries 35,441,000 Total Payments Since Organization 219,239,000 Reserve for Unforeseen Contingencies - ~~ 10,000, op plus overall Liabilities and Contingency Reserve » 4 +28 ,640,0 000 An Increase of $6,532,000 ASSETS at December 31,1925 - 305055000 An Increase of $28,925,000 Policies in Force, Excluding Group Policies - - 411,492 Employees of Firms Protected by Group Policies . 42,755 Dividends to Policyholders increased for sixth successive. year : 3 : 5 s a. FROM DIRECTORS' REPORT by some of the corporations in which the We have also, aside an additional further strengthened the special reserve Ty grester among annuitants, BT mo upto $l] in excess of govern- J have JOL35 to our policy- g Bolg ene Hetty Roun, and sac - re makin fy the r allocations, we ve yet been able to Cai 32 } Ea a HE Ey evident that we must at